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After nearly a decade, Patelco Credit Union <br />will soon move from Pleasanton to a Dublin <br />property that is over three times the size. The <br />company purchased the $55 million, 210,000 <br />square foot building at Three Park Place Last <br />year. Nearby medical device company Carl <br />Zeiss currently rents their Dublin offices, but <br />has purchased land just down the street and <br />broken ground on the 433.000 square foot <br />Zeiss Innovation Center. This facility is expected <br />to house 1,50o employees and will act as <br />R&D space for the medical device giant. <br />San Ramon <br />San Ramon's commercial real estate is <br />almost exclusive to Bishop Ranch Office Park, <br />which is home to more than Soo companies <br />and over nine million square feet of office <br />space across 3o buildings on 585 acres. <br />Significant tenants including GE Capital, <br />Rodan * Fields and SAP. Cooper Companies <br />recently signed a lease in Bishop Ranch <br />and will be moving its headquarters from <br />Pleasanton to the 50,000 square foot space. <br />We spoke with Josh Hitchcock, SVP and <br />Director of Leasing at Sunset Development <br />Company to learn what is attracting companies <br />to Bishop Ranch: "The Tri -Valley continues to <br />build on its Legacy of being a central market <br />and a workforce hub supported by one of the <br />most well-educated and experienced labor <br />pools in the Bay Area," said Josh. "Companies <br />are also starting to think more about where <br />the next generation of employees are going <br />to live and work. As millennials grow older <br />and start families, they want to live in a place <br />that supports and complements their active <br />Lifestyle, The Tri -Valley is at the top of the list <br />in terms of overall quality of life, top-ranked <br />school districts, low crime rate and cost of <br />Living, And at Bishop Ranch, we continue to <br />grow our amenity base, adding an extra layer of <br />desired services and convenience, which means <br />access to great dining options, fitness facilities, <br />M <br />childcare and medical providers, meeting <br />space and efficient, reliable transportation." <br />In 2018, City Center Bishop Ranch opened, <br />providing a communal space featuring high-end <br />shopping, dining and entertainment aiming to <br />fill the need of a downtown, which San Ramon <br />had been without since its incorporation in 1983. <br />"The Tri -Valley <br />continues to build on <br />its legacy of being <br />a central market <br />and a Workforce <br />hub supported by <br />one of the most <br />Well-educated and <br />experienced labor <br />pools in the Bay Area" <br />Josh Hitchcock <br />SVP, Sunset Development Company <br />